Investment

The Vietnamese government holds high hope for a green and safe agricultural sector that could be a driving force for growth just like the manufacturing and processing sector.

The new project is considered as an important imprint in the drive of attracting investment into the Thai Binh Economic Zone.

Key members of Bien Hoa Packaging have all been replaced with personnel from the buyer.

According to experts, the dominant energy technology in the future will be energy storage devices, solar panels, clean hydrogen and wind energy. The advantages of these energy sources are being clean, available in nature, not causing pollution and not running out.

The Vietnam Technology Advice and Solutions from Korea Center (VITASK) is expected to help Vietnamese automotive and electrical-electronic enterprises improve their capacity and deeply participate in the global supply chain.

Amid the Covid-19 causing global economic recession, Vietnam stands ready to receive a shift of investment capital from Japanese investors, Prime Minister Nguyen Xuan Phuc has said.

A government task force will inspect whether provinces and cities are fulfilling their commitments to investors.

The company delivered a total of 3,093 tons to Chiyoda Corporation and is expected to complete the order in February 2021.

2020 marks the 25th anniversary of Cargill’s operations in Vietnam.

So far, only four out of 62 provinces/cities in Vietnam recorded an ODA disbursement rate of over 70%.

Investment capital from Vietnam to Lao surged by 130% year-on-year in 2020.

The Ministry of Transport would review this loan and report to the government.

The Ministry of Planning and Investment (MPI) and USAID/Vietnam are collaborating to support the Vietnamese enterprises in the process of digital transformation.

Vietnam’s stable political environment, rapid economic growth, competitive production cost and a large workforce are key factor ensuring the country’s status as an attractive investment destination.

The EU - Vietnam Free Trade Agreement would serve as a driving force for enterprises from Vietnam and the Netherlands to expand cooperation.

FDI commitments in the January–November period fell nearly 17% year-on-year to US$26.4 billion.

The master plan of the Hoa Lac urban area is part of the general planning for Hanoi to the year 2030 and beyond.

Vietnam is set to face a surge in power demand and consumption over the coming decade, which is likely to outpace capacity growth in the near term, stated Fitch Solutions.

This comes on top of over US$2.24 billion that was already secured by the UOB to Vietnam as the bank helps companies seize opportunities in the region’s fastest-growing economy.

European business leaders are more optimistic toward the end of 2020 as their confidence has rebounded in quarter 3.